KPN's Talks on E-Plus Sale Fail

Dutch telecommunications company Royal KPN has lost its best option for warding off a partial takeover by Mexican mobile giant America Movil after talks with Spain's Telefónica over merging their German assets failed.

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Dutch telecommunications company Royal KPN has lost its best option for warding off a partial takeover by Mexican mobile giant America Movil after talks with Spain's Telefónica over merging their German assets failed.

Dutch telecommunications company Royal KPN continued to suffer from falling demand for traditional mobile services during the third quarter, as it swung to a net loss as a result of a deal to sell its German mobile operations to a unit of Spain's Telefónica.

Dutch telecommunications company Royal KPN continued to suffer from falling demand for traditional mobile services during the third quarter, as it swung to a net loss as a result of a deal to sell its German mobile operations to a unit of Spain's Telefónica.

AT&T Inc. (T) is going to partner with Spanish broadband and telecommunications operator Telefónica S.A. (ADR) (TEF) to launch its Digital Life service in Europe. The company has also launched a new service for home monitoring, and health monitoring of elderly citizens, called Digital Life Care.

Dutch telecommunications company Royal KPN said it remains in constructive talks with America Movil about the planned takeover offer of the Dutch firm, even though America Movil said in late August that it may walk away from the deal.

Dutch telecommunications company Royal KPN said it remains in constructive talks with America Movil about the planned takeover offer of the Dutch firm, even though America Movil said in late August that it may walk away from the deal.